Our place in hell

That little conflab in Quebec this week – the G7 – cost Canadian taxpayers $800 million. The federal government spent that staggering amount building a media centre, having wall-to-wall cops, compensating local businesses and even outfitting a temporary prison and courtrooms in case protestors (none showed up) got out of hand.

Justin Trudeau was supposed to look like a visionary, competent, progressive, enveloping world leader. It was a platform stepping into the next federal election cycle. But today it’s in tatters, with the Canadian economy at far more at danger than it was on Friday.

Weekend events were stunning. Trump came late, insulted T2 by refusing to support his billions-for-girls initiative, then left early. After hearing Trudeau’s post-gabfest presser in which he bragged about talked rough to the US boss, Trump lost it. He instructed officials to withdraw support from the joint communique, then Tweeted the kid in the socks was ‘weak’ and ‘dishonest.’

That was just the start. The White House followed that with an anti-Canadian barrage that can only be described as hissy historic. “There’s a special place in hell” for people like Trudeau, WH trade director Peter Navarro told Fox News. He also used words like “bad faith diplomacy” and accused our guy of “stabbing (Trump) in the back on the way out the door.” Just to reinforce it, he added Trudeau had orchestrated a “stunt press conference” and made “one of the worst political miscalculations of a Canadian leader in modern Canadian history.”

“All Justin Trudeau had to do was take the win. President Trump did the courtesy to Justin Trudeau to travel up to Quebec for that summit. He had other things, bigger things on his plate in Singapore. And what did Trudeau did — do as soon as — as soon as the plane took off from Canadian airspace, Trudeau stuck our president in the back. That will not stand.”

It gets worse. Larry Kudlow is now the chief economic czar in Trump’s White House, directly responsible for influencing trade policy, and he’s pissed. “It was a sophomoric, political stunt for domestic consumption,” he said of the Trudeau media remarks. “That’s a betrayal. That’s a double cross.” Of course, from Air Force One, Trump broadcast that our prime minister made “false statements,” is “dishonest” and will pay the price.

Hmmm. Hard to see how this could have gone worse.

But this is not just about dissing a guy who may have deserved it. After all, none of us know if what Trudeau said in public was what he relayed to the Big Guy in private. If he embellished, bragged, exaggerated and pumped, he earned some grief. But the Trump Team response seems so over the top it may well be a prelude to economic consequences.

So far the US has derailed NAFTA and probably killed it. Washington says it wants bilateral deals with Canada and Mexico, instead of a three-way deal – because it would obviously dominate both. The punitive tariffs on steel and aluminum were imposed on a feeble excuse (America’s ‘national interest’ was threatened by we beavers). Now Trump is thumping about big tariffs on cars assembled in Canada, even though the companies doing so are American and we’ve had a mutually-beneficial Auto Pact since 1965 (signed by Lester Pearson and Lyndon Johnson).

This is a mess. Canada-US trade relations have not been worse in my lifetime. Failed deals, new levies and now open derision, attack and manshaming. The stakes are massive. Trade between the two countries is the second-largest flow of goods in the world – $630 billion a year. We send about $310 billion a year in stuff to them and they truck $320 billion worth to us. In every year for more than three decades, trade has been in favour of the Yanks – and now Trump seeks to rewrite that by focussing on tiny issues like Canada’s closed market for dairy and eggs. Pure hyperbole.

Trade with the States makes up about a third of our economy. It was to prevent trade wars and secure long-term, stable access to the huge American market that Brian Mulroney did the Free Trade deal – which dairy farmers fought hoof-and-nail. That was followed by NAFTA, bringing Mexico into the mix and creating a continental trading bloc to counter that in Europe and erode the cost of goods and services. It worked. Not perfectly, but far better than what went before – and what appears to be coming.

Trump is a populist elected on a platform of nationalist, America-first, jingoistic protectionism. His electoral base has swallowed the line that erecting a wall around the States will deliver good stuff – factory jobs, higher wages and a better life – without any of the bad – higher prices, more inflation and lower growth. History have proven over and again that protectionist policies make economies weaker and lead to crappy social consequences. They helped turn a stock market event into a global depression in the last 1930s. Had Trump been in office in 2008, we might be all Grapes of Wrath today.

Well, if this past weekend leads to a quixotic Trumpian tariff on cars and further barriers at the border, there will be two men to blame.

And you paid for it.

287 comments ↓

Ford, a populist campaigner who has praised U.S. President Donald Trump in the past, said he stands “shoulder to shoulder” with Canada’s Liberal prime minister because jobs in his province are at stake.

These guys perhaps opened up a barrel of monkeys they shouldn’t have and are now just hanging on.

Picked up for 4.47 in May 2017 ,after trying to exit the market at 4.78 which would have made them relatively whole after expenses, they are now being picked on by the gorilla in the room,the collapse of the luxury market in Vancouver.

They recently took 400k off, and if it goes for around the new ask of 4.38 the damage done after expenses could be in the vicinity of half a million.

Had bigger losses,and they will wait for the miracle that a lot of the detached Class of 2016/2017 are praying for.

Garth, In hindsight, this kind of a conflict was inevitable. The good news was it occured in public and the world and the women and the G7 leaders saw the US president at his boorish worst. The only worse thing that he could have done was to grope Merkel and Lagarde. So after all this if ANY of the G7 leaders want to cut a deal with this kind of a man, even hell hath no place.

Are “we” to blame for electing Trudeau? For electing Trump? For . . . . what?

Clearly, Trump’s agenda would have been the same no matter who our Prime Minister was, male, female, English, French, Christian or Sikh. And depending upon one or more of those identities — worse. Though I disagree with Trudeau on many things, I don’t think he is responsible for Trump’s actions.

Are you suggesting that our PM, and by extension Canada, should simply grovel before the US, give up negotiating anything, and reduce ourselves to begging for scraps which may fall from the American economic table? For the ambiguity in your last statement begs that question.

And I don’t think that, to a bully such as Trump, grovelling would get a better deal.

How could our PM not have understood that a brag about lecturing Trump would end in anything but blows? What was the point? Why poke the crazy beast? – Garth

It’s a shame Trump isn’t perfect. The way the common American sees and thinks about Canada is it’s our little brother, our sibling our forever friend, our 51st state. A lot of us are disappointed in the Trump treatment of Canada.
But you have been leaning a little to far to the left lately just like we did. We got smart and slammed on the brakes. You too will get smart and catch up and all will be good again.

Here’s a conspiracy theory for you: what if trump (being a real estate developer) realizes that Canada has an extreme debt bubble due to real estate starts a trade war to pop Canada’s bubble then Canada is forced to negotiate a free trade agreement with the u.s at a point of extreme weakness. Kind of like playing poker with a 7,2 while your opponent has pocket aces.

How could our PM not have understood that a brag about lecturing Trump would end in anything but blows? What was the point? Why poke the crazy beast? – Garth
………………

Bullseye…..when dealing with a bully or a psycho or the likes of Trump you have to choose your words carefully and only fight the fight you can win or draw. The little puke has such an inflated ego that he doesn’t get it……the Cons were saying during the last election campaign “ he’s just not ready”. They should have been saying “ he’s just an empty suit.”

This time Trump is right.
T2 needs to stop the milk marketing boards from gouging us at the till. Canadian dairy prices are brutal and that’s why every chance Canadian consumers get, they buy milk and cheese across the line.

Trump and US trade tariffs have nothing to do with supply management. Complete red herring. You fell for it. – Garth

And the immature drama teacher boy turned PM is not helping, he either simply has no clue what he is doing or worse, he is serving foreign globalist interests, not Canadian interests (it could be both).

Paying for it/the meeting with 800 millions of your hard earned tax money is nothing, Mr more-tax-now will will quickly invent some new form of stealing from taxpayers, that is his forte after all.

Time to load on popcorn and for the ‘fortunate’ folks living in Ontario and Canada also on lubricant.

We are ripped off on dairy, gas and about everything else you can think of. It needs fixing. Perhaps this is the tip of fixing it.

Trudeau is everything wrong in business today. No one is discriminating. Any woman of any race can get a fantastic job today. It’s all grass roots with having the education and knowledge to qualify for the position. Hiring someone because of sex or race is just that … sexist and racist.

Everyone hates Trump because they cannot keep up. No one working for Trump is accusing him of discrimination except in the political arena.

I have never seen this before, as placed the you tube of today’s speech in favorites because there appeared to be a technical issue. The comments were not shut down, but the button was spinning. Other sites work fine with my system. Just went back, and cannot load down the comments. I wonder what is going on here.

Some facts please. How do we know that Navarro/ Trump/ Kudlow are not making this Trudeau back-stabbing up completely? This is a psychops on T2 and Canada. Gas-lighting is what Psychopaths and Narcissists do best.

#100 crowdedelevatorfartz on 06.10.18 at 10:14 am
China is laughing all the way to its eventual world supremacy.

Eventual, as you say.

Because if that happens, all the foundation for that was created by previous “reputable” Western politicians, governments, with all the “dearth of experienced people to lead the agendas of foreign meetings, smooth over protocol gaffs, apologize for slights….etc.”

Speaking of patterns… It is obvious that Trump’s presidency was actually created by the same old political establishment, they made people so unhappy that they voted for anyone who didn’t obviously belong to the ruling political class.

None of the established political parties, politicians were willing to even acknowledge this unhappiness, let alone willing to start discussion about change.

Globalism as political, economic, ideological system became a dogma, over the past decades, shockingly similar to Communism. It has sacred, unquestionable principles, less and less open for criticism, just like the unintended disastrous consequences.

This dogmatism, (self)censorship prevented the professional politicians to realize the scale of unhappiness and the shock of loosing power.

It has not really sink in yet, they still think that the Russian stole it and somehow handed it over to Trump, they still think that people with some sort of insanity voted for him. They still think that Trump can be magically impeached and everything goes back to normal.

They still have not realized that people didn’t chose tribalism, nationalism, protectionism, they refused globalism.

The G7 political establishment still thinks of this as a temporary glitch, ignoring the growing list of countries , the same way as they ignored how Trump won every steps all the way until they realized that he was in the White House.

There is zero acknowledgement that the doctrine of globalism itself might be problematic.

Had Trump been in office in 2008, we might be all Grapes of Wrath today.

I’m not defending Trump in anyway but the response govt had in 2008 was not right. They rewarded bad behaviour, it’s no wonder why Canadians don’t fear massive amounts of debt. If the govt let all companies that should have gone bankrupt go bankrupt smaller companies would grow to replace them, creating more competition and efficiency.

Could you see John Chretien, Paul Martin or Brian Mulroney taking a hit like this G7 fiasco from Trump? Not for a moment ! Trudeau 2 was never ready for this and never will be. Wishful thinking on part of Liberal pundits looking for a savior. Its done folks. Shows over. No new NAFTA, no pipeline will be built. Fast forward to next federal election.

Man, Ontario is screwed. Justin totally blew it. I am actually frightened for Ontario and Canada as a whole. This is bad, bad, bad. What a loser Justin is, I perdicted his wussy ways we’re going to lead this province into a crap storm, que the summit. People in Ontario should be worried. With our real estate set to implode, record debts both personal and provincial and now The Trumpmageedon – this just looks like it won’t end well.

Stoner on 06.10.18 at 3:54 pm
Garth, In hindsight, this kind of a conflict was inevitable. The good news was it occured in public and the world and the women and the G7 leaders saw the US president at his boorish worst. The only worse thing that he could have done was to grope Merkel and Lagarde. So after all this if ANY of the G7 leaders want to cut a deal with this kind of a man, even hell hath no place.

_____

If YOU WANT TO DONATE $400 million dollars of YOUR OWN MONEY abroad…..be my guest. LEAVE my money in Canada for Canadians. Trump is correct……AGAIN.

It’s time to hit the switch at the Quebec border just for a few minutes. Turn the lights off over the East Coast and then ask if we have his attention. If this doesn’t get some serious talks going then nothing will.
Then tax the sh’t out of them.
Stop giving our resources away!

Well.
Should be interesting watching the Canuck economy grind to a halt, Canuck housing prices topple, the Canuck buck start to cluck, while interest rates rise, Trudeau attempts to appear like a strong leader while grovelling at Trump’s feet, and still try and get re-elected in two years……..

O.k that is detached covered, let’s see if I can shine any light on the supposed condo slow down.

Well, I did notice that zolo was reporting 0% growth in sales price overall y.o.y

Who should I look at to substantiate any of this?

Surely not a heap listings with unrealistic asking prices
to start of with ,and then show some reductions.

Nah, that won’t work.

How about I show a realtor struggling to sell a condo for the first time in a long time that has already had 6 sales this year,the last 4 were condos ,two went over ask?

Yeah, that’s a better idea.

This place at 2020 Highbury st ,Point Grey ,just took a hundred k off after being shunned by the market.

Was asking 988k

Now asking 888k

Assessment comes in at 911k in a prestigious part of town with a realtor that normally makes sales without fuss.

Just to put into context how good six sales is this year, one of the most successful realtors in my hood the last decade or so ,has yet to make a sale yet this year and couldn’t get a listing for the first third of the year ,now has two listings and both have just lowered the price.

I’m sure this condo will go at some stage ,but if the condo market does cool right of I will remember this as the TSN turning point.

The official group photo of the Quebec summit meeting has the President in the middle. He is the only one who couldn’t button up his suit jacket. This man needs to see a tailor or buy a larger fit. Now how gross is that.

=========
George Carlin – Dumb Americans
the american dream…you have to be asleep to believe it george carlinhttps://www.youtube.com/watch?
v=cGKEkI8IV2o&list=PLSbldxU9iGoxmeXDJOJU9t9LUNrEMi5HN&index=6

There are too many Trump apologists and sycophants here. This guy is a f***ing bully and prick. Yeah JT may be in over his head, but Trump and his redneck cronies would have tried to steam roll is either way because at the end of the day we are an easy target to them regardless of the party in power. Appeasement never got anyone anywhere. Trying to be nice and walk on egg shells is strategy that will never ever work. We don’t know what was said in the G7 but whatever Trudeau supposedly did is what Trump does all the time. Say one thing and say another 10 minutes later. It should be alarming to you all that the “leader of the free world” would rather hangout with Kim-Jong Un and Putin than his own allies. We have more tariffs on us than China, the supposed bad guy. What his his strategy? Does he have a strategy? Even right wing media in the states is saying this guy is a liability.

We are definitely at a disadvantage given our debt levels but we do supply 41% of their crude oil. The problem is that any drastic counter measure taken by one country will be their own suicide (we cut-off oil, China sells their treasuries, etc.) At the least, countries should now be actively looking at a sustainable plan B for global trade that doesn’t hinge on these wackos. The Americans aren’t invincible, we just don’t have a frame work to bypass them yet, but when that happens look out.

Don’t be spineless and say It’s all Trudeau’s fault. Even Doug Ford is backing up our PM, we should too.

….Crowdedelevatorfartz…”What in the H E Doublehockeysticks are you babbling about?
Last time I was on my cousins’ dairy farm the cows were out in the front field chewing on……grass.
Yes they are also fed hay, grain, whatever.”

Grass season is too short in Canada, hence no farmer can produce grass fed butter year round. Add on the Supply management mantra of paying for volume, rather than value, and there no incentive for farmers to produce lower volume higher quality products like grass fed butter.

I can cross the border and buy the finest grass fed butter in the world, Irish Kerry Gold for about $4 a stick. Which if it was allowed to be sold in Canada would presumably cost about $16 due to tariffs.

Garth is a hoot…constantly dissing Trump for his ‘protectionist’ policies…..yet now arguing the case for maintaining protectionist policies for Canadian dairy farmers.

Trump is going after the US car manufacturers in Canada. He wants those being built in the States with US labour.

Let Trump walk away looking like a hero. Negotiate tough behind the scenes. Trudeau did the opposite. I cant believe this guy is trusted with millions of souls and billions of dollars. As for the sunset clause, he should have told Trump “If you are such a good deal maker, then let’s make a deal that is good for decades and won’t be screwed up by either of our successors”. That, Trump would respect. Whatever. I’ll just keep investing in the US. Weak leadership up here.

#38 Akashi records
Ok. Here is why I respectfully disagree.
Chrétien picked up a fight with You Are With Us or Against us GW bush on troop deployment to Afghanistan. GW didn’t threaten to kick us in the nuts.
Harper picked up a fight with Obama on Keystone XL. Obama didn’t choose to kick us in the balls either.
What Trudeau did was much less . Sticking to his guns on trade AFTER Trump kicks us in the nuts. And you blame Trudeau for trying to protect our NUTS? How about laying the blame on the SOB who kicked us in the nuts in the first place.

Today’s title “Our Place In Hell” should really be Our Place in Heaven now the the man-child Trump has left to go back to The White House. He came to Quebec looking for controversy/conflict, did everything he could to facilitate it and as far as having bigger fish to fry, I call bull! He’s likely sitting one The White House eating a Big Mac , alone as usual. Even Melania won’t touch him, why should we?

All six other leaders are squarely on our side on this one. Trump is a loser, a potato-head. I’m with Justin on this one, piss off Donnie!

Trudeau is a feminist who would rather spend billions of our tax dollars to funnel it into phony nonprofits for feminist causes.

Trudeau must be a really uninformed prime minister if he doesn’t see that after nonprofits take 80%+ of the donations for themselves, the rest goes towards corrupt governments and warlords who use violence on mostly men, children and elderly citizens.

Ford Nation will use our tax dollars wisely. It’s time for Ford to cut funding for feminist organizations and the Canadian version of Planned Parenthood clinics.

Ontario needs to jail Kathleen Wynne for her reign of terror on religious families and parents who criticized her party’s health education agenda. A teacher should never use their body parts as PowerPoint slides for class.

Sexed should be discussed with parents first. Doug Ford, I thank you from the bottom of my heart for repealing that pornographic fetish manual disguised as sexual education.

Trump tantrum #666. Let’s face it, the man has an ego so large it has its own gravity & that ego does not appreciate anything other than 24/7, 365 (366 in a leap year) praise/stroking.

As for the excessive cost of the G7 summit, as I recall we paid about the same amount the last time that party landed on our shores & for much the same reasons. Massive waste of taxpayer funds on both occasions & underlines the disconnect between world leaders & the people they are supposed to serve. How can they serve the needs of ‘the people’ if they won’t listen to any dissent? The cheap & easy way to have held the G7 would have been to hold it in winter. Damn hard to do any damage when you have so many layers of clothing on that you resemble the Michelin Man. Would have put a real chill on any protesters & saved us all a bundle.

Easily. They could have shown T2’s footwear. The press would have been horrified by his choice of last year’s slingback Prada’s with 6″stilletos, chosen to both raise his stature and show solidarity with the gender-fluid.

He should have chosen this years Pradas with the 5″ heel to signal solidarity with the removal of the bikini contest (*snort*) from the Miss America pageant.

154 Farms on 06.10.18 at 3:07 pm
Grass fed butter can be bought throughout parts of Ontario. There are also an array of beef farms with coolers, and butcher facilities. The going price is about $3.50 per pound hanging weight for a 1/4 cow and your looking at 161 lbs. on average. This can be cut up and packaged according to your directions into a variety of cuts all ready for your freezer, and bring cash lol. Why pay $15.00 a lb. for a T-Bone steak?
/////////////

Trump will not be brought down from power by a guy. His weakness is women. They did not bring him down because Hilary was worse. So what Trudeau is doing is a genius move.
– Putting Christia Freeland in-charge to put his team off the game and under-estimate Canada.
– Courting women from all over the world including the US. Trudeau’s appeal among women in the US is amazing. I know a number of them who just wished he was their guy. Now to get Trump to publicly whip him and act like an a*hole that he is in a Women’s oriented G7. If this doesn’t get the women kind energized, nothing else will. We will wait for the history to be written if this move is seen for what it really is.

Junior is politically tone deaf….and surrounded by an army of similarly tone deaf cosmopolitan globalists drinking each other’s bathwater.

There are a lot of problems in this world, and gender equity for the top 5% of entitled western women and global warming aren’t any of them.

After the election romp from Ford, is it that hard to tell that there is a limited market for smug virtue signaling leftists to lecture someone like Trump who has real issues on his plate?

The trade disputes will ultimately get sorted out, but could cost us in the short term, and I hope Canadians think about those costs at the next Fed. election. How much is your average smug Liberal willing to pay for the feeling of superiority that comes from behaving so rudely to your invited guest?

My only other fear is that this could take a while because Andrew Scheer sold his soul to the Quebec dairy farmers in order to take out Maxime….

The globalist trade off the Americans made was to ship all of their high value jobs overseas, so that in exchane they could have real cheap goods.

So now, rather than having 1 television on the house, households have 3 or 4 because they are so cheap. And rather than buying quality domestic made clothing, people buy vast amounts of cheap ( in cost and quality) product from overseas.

Perhaps America and Canada have had enough of tis Faustian bargain.

Perhaps having better paying jobs, with more employment in Canada and the US, even though prices for products cost more, is a better way to go.

While there is a vast preponderance of low cost ‘stuff’ to buy, people still have to deal with the local cost of living. Low wages, poor paying jobs, but people still have to live somewhere, buy gas, food, pay taxes etc.

Trump’s America first policy seems to be working.
Americans are back to work, its economy is booming, its citizens have a renewed confidence in their country. America is almost energy independant and their need for Canadian energy is diminishing.

T2 continues to virtue signal about gendre rights, and feminist nonsense , and job killing carbon tax policy as he kills the Canadian energy industry.
And then he kicks the hornet nest because he is an entitled fool.

High time we had a leader of a political party that puts Canada first, not because he is trying to sound tough to leaders like Trump, but someone who understands the huge potential of Canada as in its resources, its entrepreneurs, its hard working people, and not through virtue signalling about our goodness, or through continued government overspending and waste, or by apologizing for our history at every opportunity.

Trump had a tweet hissy fit because the other world leaders at the G7 didn’t fawn all over him, and told him where to go with his “brilliant idea” of having the Russians readmitted to the G7. To top it off Trudeau repeated in public what he had said about Trump a week ago- gosh, what a stab in the back!

Americans have reaped what they have sowed. A society that is proud to be ignorant and prays equally to Jesus and celebrity. They deserve him. We don’t.

One man to blame. Trump isn’t even vaguely negotiating. He’s just bullying. If he doesn’t back down he will end up plunging the USA into a manufacturing led recession. He’s shown such a complete lack of understanding of trade that I fear the worst. This is not going to end well for any countries trading with the USA, nor the USA.

How could our PM not have understood that a brag about lecturing Trump would end in anything but blows? What was the point? Why poke the crazy beast? – Garth

Frankly if not this, some thing else would have send Trump into a foaming fit. NAFTA is dead. It will create a lot of short and some medium term pain for our economy but long term we will be fine and less dependent on the yanks.

Look Justin did not say anything he hasn’t said before about our trade with the USA. He made those remarks to Trumps face. This is all gas lighting from Trump. He doesn’t have the balls to confront Trudeau to his face. He came late and left early which if you are sleeping around is a good thing but it sucks in the diplomatic world. Trump is going to screw up the Kim meeting and blame it on Trudeau.
I did not vote for Justin but I am glad our government made such a sensible response to the Donald’s bs.

And yet Canadians stream over the border during the winter to spend our money in places like Florida, Arizona and Texas. If we had a drop of patriotic blood we would all unite and stop traveling to the USA. BTW, these are all Republican states and a real way and practically only way to strike back at the Trump lunacy. For me and my family, we won’t cross the US border again until Trump is gone.

That’s a pretty erroneous characterization of the events Garth. Trump had an issue with Canadian retaliatory tarrifs and it triggered his Twitter tantrum. I’m a critical of Justin most of the time, but I think he’s handling this whole thing appropriately. Dare I say I’m proud.

THis pales in comparison with Trudeau’s stupidest act to date: buying a pipeline. Yes, the climate change leader has now bought Canadians a 60 year old leaky pipeline, fraught with lawsuits and land claims.

@#45 Floppie
“Just to put into context how good six sales is this year, one of the most successful realtors in my hood the last decade or so ,has yet to make a sale yet this year and couldn’t get a listing for the first third of the year ,now has two listings and both have just lowered the price.”
+++++

—- “You’re fired” – ask WHY the whole world’s a stage and why it’s being played out on social media. Why Kudlow is apparently the only economist in USA which got this job – as supporting player.
Who gains, not us. Don’t mind the few elites behind the curtain pulling these strings dramatically.

This is all mindless theatre to fill the gaps. The real plans were hatched long ago and are being warred against us on many many fronts. Tune in, turn on, Drop out.

In August 1943, Prime-Minister Winston Churchill and U.S. President Franklin D. Roosevelt and Canadian Prime-Minister MacKenzie King met in Quebec City for the “Quadrant” military conference to put together the “nazi defeat” FDR removed King from the talks.

What is it about Quebec City that brings out the best and the worst of the American and Canadian leaders?

Maybe it’s just Quebec City. Anyway the allies defeated the “Nazis” got the Germans out of occupied France and the Russians did not spread their “red” as much as feared. So now we seem to have a similar “sticky wicked” but without a “Churchill” or an “FDR”.

T2 should have cooled down before saying anything, “let it be.” U.S. wants a bilateral deal, Canada and Mexico, so go with that.

#74 AB Boxster comment is right on the button…”Trump’s America first policy seems to be working…High time we had a leader that puts Canada first” and AB Boxster gave reasons why the “globalist trade off” is not working.

Leader(s) need to think of the working people in their own country first, manufacturing, labour, raw resources.

As for the G7 meeting: A disagreement is healthy and time to dig deep. Time to have all the leaders there, even Putin. But like a blogger said “just text” or tweet, lol. I would like all that money going into our much needed issues.

It has been on the market since late 2016, so these guys have been through the wringer.

It was put up as sold on Zolo in March 2017 as off the market and sold, I reached out to someone on the blog to confirm the sale price and 1.63 was the number that came back.

I monitored it in my Waiting For Clearance folder to put it up as Confirmed Pink Snow and eventually it went back on the market and the sale ,even though they had agreed to take a decent loss must have been canceled by the buyer.

A year later they are in even bigger strife.

Paid 1.71

Latest asking price 1.49

Most recent assessment 1.87

So it’s on the market for 25% than the assessment number.

Maybe a realtor can clarify all of this,but to them I am needed like The Dead Sea needs more salt..

Ex-Cowtown on 06.10.18 at 6:33 pm
Sorry to burst everyone’s bubble, but Trump’s G7 tirade wasn’t about NAFTA, the G7 or trade. It was about signalling to North Korea, China and Iran.

The point of the Trump tantrum was to show his real enemies that if he is willing to kick his friends in the ‘nads , think about what he’ll do to his enemies.

T2 was just immature and stupid enough to take the bait and give Trump the forum that he wanted.

It may all work out for the best yet. T2 may, through his own bad judgement and stupidity, have helped Trump end the Korean War.

_____

GREAT comment. But alas the never Trumpers, the Radical Left, the Deep State and all of the rest of the Trump Haters would still talk shit about Trump even when he helps to officially end the war in the Korea’s and bring the two countries back together again…..

Group Photo on 06.10.18 at 5:13 pm
The official group photo of the Quebec summit meeting has the President in the middle. He is the only one who couldn’t button up his suit jacket. This man needs to see a tailor or buy a larger fit. Now how gross is that.

______

That is what you got from that picture? I was so embarrassed as a Canadian to see the Sock Puppet “man spreading” while standing up. What an idiot…….

“…Any woman of any race can get a fantastic job today. It’s all grass roots with having the education and knowledge to qualify for the position”

———

I can’t tell, but I don’t think this comment was sarcasm. These are the kinds of ideas this blog appeals to with its not so carefully chosen words. I don’t remotely care if this comment is published or not. As long as it’s read.

@#78 Ex Cowtown
“The point of the Trump tantrum was to show his real enemies that if he is willing to kick his friends in the ‘nads , think about what he’ll do to his enemies.”
++++++
Thats what I insinuated in my comment #68 yesterday.

I grew up being told that U.S was totally self-sufficient in all things.
I still believe this is so, apart from a (temporary) deficiency in rare metals.
So my understanding was that the U.S. through trade it didn’t need to make, tried to pull other nations up by the bootstraps.
Over the years it would appear to me, that the U.S. has been rewarded by other countries trying to take unfair advantage; I believe the U.S. has gotten very tired of this continual abuse of its good nature.
So, it is now a time of reckoning and I don’t understand why you would try to poke a bear just out of hibernation.
I believe there is now going to be an era of massive change and I think it is time to lay low while the dust-up of dust bowl proportions happens.
My two cents worth.

Well, I guess this is what you get when you elect someone based on their last name.

What does Ontario export to the US besides steel and cars?

In any case if this continues to get worse a Canadian recession is all but assured, and a deep and long one. We really don’t have another market for most of that stuff and our economy is not truly independent.

There is a total of 19 different models of cars made in Canada, none of which are trucks so we couldn’t stop importing vehicles if we wanted to.

The original auto-pac was a grand deal to locate approximately as much vehicle manufacturing in Canada as Canadians bought from the US. The idea was that the net trade in autos would be about even. But it didn’t make any sense to build all cars sold in Canada in Canada because it would severely limit the models available, so the deal was stuck for auto companies to locate production of certain models in Canada for North American production and import the other models. Canada, Ontario specifically, was clearly the biggest beneficiary of this deal. If Turdeau manages to screw it up it will be a sad day for Ontario indeed.

Of course the auto pac isn’t in place anymore, the WTO ruled it illegal, but things have continued as in the past under NAFTA.

A 25% tariff on Canadian autos headed to the US would be very bad indeed. And it’s hard to see how we could retaliate. If the tariffs appear to be persistent (they are going to last a long time), many of those lines are going to be shut down and moved to the US. They are really only assembly lines, with most of the parts already coming from the US. What would we do then? Slap a 25% tariff on US cars? We’d all have to drive a Toyota then.

If this trend continues it’s hard to imagine how much damage Turdeau will do to the Canadian economy by the time the election rolls around. He’s even faster than trump at getting stuff done! But not in a good way.

#76 Berniebee – The beast never meant that at all, as was just a knife stab to stir the pot a bit against our head trade negotiator, after all, his advisor is John Bolton with the war target being Russia. KIM in North Korea has his own advisor too who is pulling his strings, so this could get interesting.

He is a nobody that had the blind dumb genetic luck of having a great Canadian as a Father and a desperate Liberal elite that drafted and choreographed him for the “anybody but Harper” election to come.

They hoped that Canadians would believe Junior was a chip off of Daddy’s block.

Canadians swallowed that story hook, line and sinker – they voted for Junior even when he promised them higher taxes (i.e., that’s how desperate Canadians were to get rid of Harper).

Sunny days indeed…easy to say when you have a Trust Fund to lean on no matter what happens.

Who is actually producing these fabled Canadian family farm dairy products, Garth? A bunch of mom and pop farms with the kids all pitching in?

No.

The quotas are all held by a small group of people. And do these people actually produce dairy?

You need to do some research.

There are about 12,000 dairy farms in Canada employing 215,000 workers. I have spent much time with these people. Get out of the dairy aisle of Wal-Mart and you also might learn a few things. – Garth
==================================
ALWAYS when you have government issue quotas the purpose is to massage your cronies.

Look at TAXI licences. At first they say it is to give the individual owner a chance to build up a retirement nest egg. (of fake tin plate) . than after a decade all the licences are in the hands of a few wealthy owners who rent the cars out to the peasants who, like tenant farmers work and never own.

My accountant sits in his office every Friday night and an immigrant man brings him a brown paper bag of cash with a 2 inch thick stash in it. Then my accountant stuffs it in his drawer without counting it and says “see you next week”. He then proceeds to explain how he bought a bunch of taxi licences 25 years ago and makes a killing on leasing out the plates.

This is an abject distortion of the marketplace just like dairy quotas.

The only place in the world that could possibly need food security is say countries like Switzerland whereby their dairy farms are also needed for the purpose of beautiful mountainside views for tourism purposes and would become rough looking if left without working farms. As well it takes a lot to get those farms running and they could not possibly compete with France where they have ample flat farmland.

What the protectionists are saying is that Canada cannot compete with Americans whereby we beat them all to hell in Softwood and other industries including car making.

We also can demand certain non USA FDA and food regulations for our own Canadian style of food consumption.
If we want to sell over the border we would have to comply. If they want to sell to us they would have to comply with our food quality standards. those standards are allowable in trade agreements.

I would if I were the negotiator look for triggers that would protect us from food security problems but I think we would not need any. We can work just as hard as any American and we have a 30% dollar exchange head start as well.

#100 Muttley O’Toole on 06.10.18 at 7:44 pm
I grew up being told that U.S was totally self-sufficient in all things.
I still believe this is so, apart from a (temporary) deficiency in rare metals.
///////////////////////////////////////////////////////////////////////

Not at all.

Loads of fruits/veg is sourced from MX & south america like we do. Electronics (not just assembled) is a total monopoly from China. Many of the most used medicines are from Europe, opiates being almost exclusively from Pakistan and India. ‘Cheap’ fish & shrimp that is found commonly actually from Thailand and Vietnam. Clothing from Bangladesh, rare earth metals mined throughout Africa by Eu and Canadian miners, cotton from India.

The list keeps going.

In reality the ‘globalists’ are actually the very same US corps in search of ever lower labour and price as so highly lauded.

Of course he saw the ruse made by the beast. Putin just made the statement that Moscow would gladly host a gathering of world leaders. He followed through on the President’s call to readmit Russia to the G7 – checkmate.

Based on what I read in the peanut gallery today, there are many very scared people (sheeple) out there. Not sure what all the fear and fuss is about. Is it possible that most of the peanut gallery are dependent on their pathetic job and afraid to lose it as a result of U.S. retaliation? Have no savings to speak of? Don’t have a globally diversified portfolio of investments that will hardly be impacted by this in any meaningful way?

I have a feeling the answer is yes, yes, and yes.

People…sorry…Sheeple, please try not being sheeple for a moment and use your brains…if you have one.

I think every major country is going to give him a hard time til mid terms. I think he is toast.

I am betting on toast.

++++++++++++++++++++++++++++++++++

Trump is an odd duck, but once you understand that he’s playing 3-dimensional chess while everyone else is trying not to tie their shoelaces together his actions become clearer.

He focuses on winning battles that have yet to be fought. And that triggers cognitive dissonance in his haters; they can’t believe how someone so obviously stupider than them can be getting so many things right. And that drives his haters crazy to the point of incoherence, while satisfying his supporters. Oddly the ones in the middle are moving his way as they slowly give up on believing the MSM histrionics and catch on to the guys style and get it.

I’d be careful about the toast thing. If you smell toast and no one else does it’s a sign that you’re about to have a seizure.

He is a typical insecure narcissist. An egomaniac.
You have to keep your cool and not back down.
He will eventually get into another dust up with another party and become friendly again.
Let his own people turf him out of office. Not all tough business people are narcissists. Hopefully the next one is more psychologically balanced.

Great Garth, thanks for unleashing the geriatric Contard storm with this one. One could almost feel the spittle flying from the mouths over your devoted followers in their Trudeau hate-rage. The Prine Minister was absolutely correct in labelling tarries brought against Canada under the guise of national security as insulting. If Andrew Scheer wouldn’t consider it so, then he is nothing more than a US toady.

Let NAFTA go. We’ll be fine. If US automakers pull out, slap as hefty tariff on their already subpar products. Canadians have already found they can get along quite nicely driving superior offerings from Japan, Germany and now Korea. I’d also start enforcing customs and duties on those quasi-Canadians who would sell their sovereignty for a cheap wheel of cheese.

F#$K Trump. Canada might have short to mid term pain but we have the resources and talent to survive without them. Let’s build our own gas refineries. We can sell our oil to other markets( build the pipeline) . We can create some produce our own via green houses . I think a lot of what’s holding back Canada from reaching our true potential is the US itself. I dont think the US wants us to be independent. This might all be theater for whatever reason. I’m glad Trudeau stood up for us. Trump is just looking for something to complain about including the non issue of dairy. It didn’t matter what Trudeau would do.

For those of you who think this is pure hot air, hold on to your balloons.

This whole mess will not end well and if you are traveling to the U.S. and expect to be welcomed with open arms in the fall when you head for your snowbird trip, think again. If it is in a Trump populist stronghold you will not be welcome so either rent a car with local plates or find another state to go…..for the first time as Garth mentioned, this is historic foul up.

His alleged pappy T1 was simply a freak that burst onto the political scene and had intelligent people seeing through his pseudo intellectualism shallowness ( and the rest were in” Emperor has no Clothes” mode either too intimidated to speak up and/or caught up in Trudeaumania.)

NOTE:Re: Bloodlines ALL US presidents are connected genealogically….take that as you wish.

T1(in hell) is probably get his panties in a bunch and lashing out with middle fingers in spastic mode that his prodigy is failing miserably..a Turdeau is the last thing a Canadian will vote for….payback is a real you-know- what.

I’m no fan of Trudeau, but his little presser after the G7 was hardly a brag. He had said the exact same thing a week prior – he was actually just being consistent. It’s obvious Trump & Co. jumped at the opportunity to stage a “tough guy” act for North Korea. The whole “we’ve been betrayed” bit is so overblown it would be laughable, if weren’t for the potential for such serious consequences for Canada. Really hard to believe you fell for it Garth. Your partisanship is impairing your ability to view the situation objectively. Fortunately other conservatives like Stephan Harper, Jason Kenney, and even Rob Ford see the situation for what it is.

On the basis of these assumptions about Trump’s negotiating prowess, you’ve turned the whole situation completely upside-down. As a previous poster said, he just kicked his closest allies in the nuts. If you want to turn that into a win, go right ahead. But you might as well just say:
War is Peace. Freedom is Slavery. Ignorance is Strength.

#21 Butcher, Sorry to have to advise you but U.S. milk is of inferior quality to Canadian milk. The same high quality milk IS available stateside and guess what? It’s pretty much the same price.
How is our milk superior. No BGH. Yes, that’s right. No puss and blood in our milk. Go to Mexico. Same story. High quality milk is more expensive than the hormone laden junk.

Yeah, cause ‘religion’ should be the source from which kids figure out who not to have sex with, how not to do it, and when not to do it. That makes so much more sense than trying to apply a modicum of realism.

This appears to be a form of censorship as the video of today’s speech on you tube will not allow the comments to download. The comments are not locked because the button wheel is still spinning. I have never seen this ever before on you tube since day one.

“and now Trump seeks to rewrite that by focusing on tiny issues like Canada’s closed market for dairy and eggs. Pure hyperbole.”

I find it interesting Garth that you don’t mention that Canada imposes tariffs of up to 300% on many American dairy products to keep those products out of Canada? Who is “Free Trade” for anyway? The Canadian dairy industry setting up unfair trade deals to keep competition out and their profits secure? Or is “Free Trade” supposed to work for everyone? The rules must apply to everyone with no side cheating deals or they mean nothing at all! This is what Trump is fighting for……….and he’s correct!

The dairy trade between the two countries is less than $130 million. In the context of $630 billion in trade it is, as I said, tiny. He got you. – Garth

“there will be two men to blame”…….Trump is no man….he’s…..a bully who can give it but not tack it.

No Tears here…..for the old man.

I was never in the camp that “The Trump Seniors ” ….could be open.
Obviously everyone can see that “Moron Trump “….whenever he shouts….which is almost everyday….no 4 times a day……he really is abusive to himself…..just put his big mouth face in the mirror…every time he is making true……..the saying……”it takes one to know one”.
He is taking so many of his supporters for all its worth.

That’s been the way he was brought up…..”a spoiled brat”…..always wanting his way. The big developer…using his thug muscles…….or baby Trump has a hissy fit….

Trudeau should have flattered him on his tough negotiating skills, while quietly arranging for favourable treatment in some business deal with the Kushners. A few sweetheart property development deals should suffice, nothing compared to the cost of hosting the G7. US national interests would also not be compromised as the so-called trade imbalance is complete fiction and a trade was will damage both economies. This is a negotiating tactic and the real deal is what is profitable for the Trump family. And for gosh sakes do not insult Donald.

Remember that Putin was the biggest winner of this G7 and was nowhere near Quebec. Putin is likely the wealthiest person in the world and understands how to deal with Trump. The Chinese are wising up to this negotiating style as well. We should too. The age of the oligarchs is here.

What’s scary is that Justin doesn’t seem to learn. He screwed up the pipeline dossier baaaaaad. No Northern Gateway, no Energy East, no natural gas pipeline to Kitimat, nothing. The only new outlets for any of our petroleum products are the Dakota Access and Keystone XL pipelines recently approved by …. Donald Trump.

Justin’s inability to resist virtue signaling during elections and after resulted in his government being painted into a corner on the Trans Mountain pipeline and being forced to buy it with tax money. Did he learn anything? Obviously not. He spent the G7 banging on about global warming and gender equality. He’s in a bubble and so is the rest of his cabinet.

Wow i wish there were a few more blind patriots in our country, maybe our military would be a thing… Our current situation in Canada is embarassement to the Men and Women who sacrificed for our anthem and flag. Our PM is a product of a pot smoking free loving and we all know what that means… “strong woman”. What exactly are we free to do? Get high? The government monitors our interent usage and what we view which is already not free but now also limiting our speech.. Jordan Petersens would get my vote. The majority of canadians dont even identify as Canadian but as there so called “minority” first… I think we have been the shoulder to cry on long enough and we need a PM who is gonna push for a touch of nationalism also. I think its time yiu may have to wash your own car windows and the guy who usually does it gets a job and starts paying taxes, i think immigration should have to go through the legal process not rush across boarders and squat. Enough compassion lets add a touch of Pride back into our country.
RIP Tony B

Trump is used to screwing over contractors and is trying to pull the same here. Different clientele though, and he lacks the big picture. If you are playing poker, it’s not wise to strip people naked. Who will play with you next time?

I can’t blame Trudeau on this one. Trump is a bully of the first order, unbalanced, and is raging that he did not get Canada to cave on NAFTA negotiations, with all sorts of scheming (bilateral negotiations only, demanding the sunset clause at the last moment before a state visit). I think we just need to wait him out, as once he gets his ass kicked in the midterms he will possibly be a bit more malleable. I predict he will not get re-elected, and so we should have a longer term view. We do not need to bend over and give him everything he wants. Trudeau and the negotiating team have been solid on this.

In the interim (before the next US election), we really need to get closer ties with Europe, the UK, S. Korea, forge carefully relations with China and India, stand with Mexico and Latin America. If there is solidarity with this group, and new trade alliances made with them, it will help Canada’s economy in the long run.

Not that anyone gives a shit, but I have cut off most of my ties to the U.S. since Trump got elected. I only buy BC wines, French ‘s ketchup, and have not spent a nickel traveling to the U.S since Nov. 2016. (we used to do Hawaii once a year, and I would normally go to a few trade workshops and conferences in the US). This summer we go to Iceland to trek for 2 weeks. As Canadians, if we make an effort to have a more global and less US centric viewpoint, we will all be better off in the end.

@Blackdog #138
Hahaha! For your sake I hope that you are not married. Never mess with a woman in matters of trade or inflicting pain on men during dissolution of an agreement. Many have found this truth the hard way.

@ Stoner, post #8:
My thoughts also. I think of Donald Trump as the kind of person who says: don’t confuse me with the facts and figures, I’ve already made up my mind. I think he was looking for an excuse to give our prime minister, and ultimately our country a hard time.

T2 has always been in training who creates his image to walk, talk, dress and present himself. He is always with his handler who told him if he makes a mistake just apologize. The PMO’s office must go through his handler much of the time. It is the Director of Communications by the name of Kate Purchase who was a Shakespearian Actress. LOL

Trudeau effectively offered up himself to be a punch bag, not understanding the bigger international political context when he made his remarks. He was the perfect pawn among all the other G6 leaders.

Trump probably didn’t mind it, it is a small payback for all the nasty comments Trudeau made about him since he was running for office.

My bet is that if North Korea capitulates all of this goes away quickly. If not, Trudeau will be remembered, as the stupid kid, who’s immature behavior contributed to the failure of one of the most important security deal of recent history.

WH trade director Peter Navarro and Larry Kudlow, Trumps chief economic czar are deluded and they are just trying to fire up the base for the mid-terms. Let’s face it, these folks are not the sharpest tools in the shed. The best and brightest in America are shunning this administration, national security and the American foreign service. His team is servile, weak and unskilled.

Fox News is little more than infomercial of right-wing propaganda enjoyed by withering Generation GOP.

Trump’s tariff temper-tantrum has alienated the 6 of the G7! He would rather flirt with Putin and Kim-J. Surreal.

Trump, ironically, is actually bolstering the G7, G20, the EU because they are determined to keep him in a tight straight-jacket! It’s crystal clear now to all EU leaders, Canada, UK and Australia that this moronic orange puff-ball (POTUS) is going to have to be contained far more aggressively than many had predicted. Combined (with China), I believe, they can easily out-flank this fool. It’s going to be a watershed moment in global affairs.

The G20 sans America (and it’s Orange Julius President) need to forge ahead with the Trans-Pacific Trade Partnership and counter American protectionism with reduced tariffs on targeted goods and services among themselves. This will need to happen quickly.

On a side note, Brexit looks downright stupid if not suicidal as many “Leavers” were deluded into believing that the Americans would be the first to negotiate a generous trade agreement. Pure fantasy. Pity.

While Trump’s clusterfucked presidency leaves one train wreck after another in it’s wake, China is rising unchecked. This was also the case under George W because he focused too much on Iraq while the geopolitical landscape shifted increasingly in China’s favour.

The only question I have is how long will it take Canada’s Conservative party to throw our PM under the bus and recommend that we cave in to this narcissistic twittering fool. I really hope that the sycophantic conservatism of 1980’s is dead.

My gut tells me that Canadians are increasingly finding their spines intact and they may be willing to sacrifice in order to counter Trumps demagoguery.

A story just broke about Kentucky where our newest US Ambassador is from. A $1.5 billion aluminum rolling mill is being built in Ashland Kentucky with a starting date of 2020. There is a suggestion that tariffs wouldn’t apply due to a loophole; not to mention tax breaks and subsidy funding. I am sure there is no connection and just a coincidence.

How could our PM not have understood that a brag about lecturing Trump would end in anything but blows? What was the point? Why poke the crazy beast? – Garth
__ __ __

Trudeau’s press conference was firm, concise and diplomatic. Unlike most PM’s in my lifetime our PM appeared to have solid well formed back-bone.

Trudeau is coming into his own as Trump inflicts one twitter blow after another. He is jabbing back as any good boxer should. I think it’s building up a resilience that may bode well for his political future.

Will be interesting to see if Trump interferes directly in in our next election! That would virtually assure the Grits of another majority.

#18 FOUR FINGERS WATSON on 06.10.18 at 4:13 pm
How could our PM not have understood that a brag about lecturing Trump would end in anything but blows? What was the point? Why poke the crazy beast? – Garth
………………

Bullseye…..when dealing with a bully or a psycho or the likes of Trump you have to choose your words carefully and only fight the fight you can win or draw. The little puke has such an inflated ego that he doesn’t get it……the Cons were saying during the last election campaign “ he’s just not ready”. They should have been saying “ he’s just an empty suit.”
___ ___ ___ ___ ___

It’s my opinion that our Prime Minister’s first, and maybe only, mistake was to allow the POTUS to arrive late for that meeting, interrupt the flow of discussion and thereby reset the agenda.

Any business meeting I ever chaired began on time and proceeded from there. If I’d had my druthers, the door to a meeting would have been locked but I never went that far. However, late comers were directed to their seats with a hand gesture (no, not that one!) without comment and expected to sit quietly until they had got themselves up to speed. In the event they had commentary about items already discussed, oh well so sad.

Why on earth would one member, even the POTUS, be allowed to disrespect the other attendees at the meeting?

Trump reminds me of the “Mayhem Man” on the insurance commercial. He is not comfortable unless he is in the middle of Mayhem and destruction. I think he has problems connecting two logical dots, so he wants everyone around him to be in a complete state of chaos, so there is no one around him that can out perform him intellectually. If I was a religious person, the phrase “Anti -Christ” would come to mind

Trudeau is an idiot, everyone knows that, from the dithering squable for a pipeline to this trade squable with the yanks.
Trump writs books on negotations, and Trudeau wanted to give a tone of money to some improvished foreign girls for education. Of course Trump is in a whole nother league compared to Canada drama teacher.
Canada could get royally screwed by trump, scrap the whole thing what the hell does he have to loose.
Trump is the real deal, a leader, Trudeau wants to give Canadian hard earned money to foreigners, really women from oter countries instead of local women.
Trudeau is a real idiot. and its starting to show up.
Trump good or bad has the american best interst at heart, where Trudeau thinks helping women from far off countries out is his priority.
its in front of you Canadians. Have some respect for yourself and leave the country and go to America where you have a leader working for you even if he fails you can see he is trying .You think Trudeau is working hard for you and your family best interest, really?
Florida is hot this time of year so get inside quickly. and start building your family future success

Many people believed high housing prices were going to save them, these people have no savings, do not live debt free and have no plan B just in case they lost their job and were unable to sell their home for a profit because of a downturn in the economy.

Toronto home listings (the city itself not the surrounding area) is up over 2000 listings in less than 2 months. And sales are slowing down for the summer.

There are not enough foreign buyers to come to rescue all of the local flippers/speculators even if the speculation tax was gone tomorrow. No one wants the starter condo with the $700 a month maintenance fees and the 20-minute wait for elevators during the morning rush hours.

They saw what happened to the US during their financial crisis and thought that can’t happen here, and kept piling on debt.

The interesting thing about this is that will likely help Trudeau’s popularity numbers, regardless of the outcome of negotiations. It’s useful to have an external enemy to get the country to rally around you.

Wouldn’t even be totally surprised if the two of them planned this bit of theatre. They both get to put on a show for their electorate.

What is also interesting to me is that the EU, while appearing to take offense at Trump’s negotiating tactics, hasn’t really disputed Trump’s claims that they are currently getting a sweetheart deal.

All 5 economic zones have more roads and rail line into the USA than each other.

——-

Roads perhaps, but definitely not rail. The only area of Canada with limited inter-provincial rail connections is betweeb AB & BC, for obvious geographic reasons. In fact many of the railroads crossing borders back east are Canadian owned. CN runs all the way to the Gulf of Mexico, CP runs deep into the US prairies and as far south as Pennsylvania.

Garth, I’m a very infrequent contributer. Here’s what I sent to my MP John Nater and MPP Randy Pettapiece. If you wish to put this in your comments section, please make me as anonymous as possible. Improving interprovincial trade can’t hurt Canada.

Gentlemen, I live in the riding of Perth-Wellington (St. Marys) and have voted for each of you whenever the opportunity has arisen. I identify myself as a conservative and have helped fund conservative campaigns in the past. I am annoyed at Donald Trump’s bluster recently against Canada. Some of it may have been caused by our Prime Minister. Regardless, I am looking at ways to reduce my personal trade imbalance with the United States with fewer trips to and purchases from the United States. None of the three of us may be able to make a dramatic impact on bilateral trade. However, I drink a fair amount of wine and much of it comes from the United States. Both Ontario and B.C. produce excellent wine. Presently, barrier legislation is in place to restrict the movement of inter-provincial wine. I believe an Act before Parliament to modify current legislation and facilitate easier inter-provincial distribution achieved second reading in Parliament before dying as a result of the disolution of Parliament before the last Federal election. The subtleness of what I propose may be lost on the United States but it has to be good for trade within Canada: enact that previously proposed legislation so more Canadian wine can be purchased within Canada. This would encourage Canadian wineries and keep more dollars in Canada. Please reply to enlighten me if I have over-simplified or misunderstood the situation. Personally, I cannot see how this re-introduced legislation has any Canadian losers. In fact, consider reviewing other types of restrictive trade barriers that exist among provinces so that other impediments can be eliminated. By selling more to each other, all Canadians would benefit. All Federal parties would look good being nationalistic and just possibly, the Americans would notice that we didn’t want or need as much of their wine. Thank you for your consideration.

Canada is great. We should and could be an economic power house. Instead of backstopping mortgage via CMHC we should have CPDC( Canada Prosperity Development Corporation) . Imagine what Canada could do investing a Trillion dollars in ourselves vs building unproductive houses and condos?

Garth, you forgot to mention T2 trying to insert his stupid feminist and gender rights clauses into a business agreement. No wonder trump is going off the rails.

And he is right about the tarrifs. Our dairy is protected up the wazoo, lumber and steel dumped and Bombardier subsidized daily. On top of that, you never see american vehicles in Tokyo or Berlin do you?

On top of that, US protects Japan and Canada and props up NATO with their military.

The US economy is poised for a 4% GDP this quarter, unemployment under 5%, more jobs than seekers. Any G7 nation coming close to that.

Yes, it actually is T2’s fault.
It is bad enough to go into a NAFTA re-negotiation gun fight with only a knife. T2 didn’t even do that. He went in with a rolled up paper copy of a gender equality manifesto and tried to beat Trump over the head with it.

T2’s natural inclinations are to be an apologist (anybody here still counting?), empathetic (has he ever apologized without crying in public? Just once?) drama actor (luv those socks and Indian bridal outfits) and a conciliator. I have no doubt that is exactly the role he played behind closed doors during the summit. It is unimaginable to me that it could be otherwise.

And that seems exactly what happened when he tried the aftermarket “tough guy” nonsense for his adoring nitwit supporters here in what we technically call a country.

I’d take Chrystia Freedland over T2 as the “tough guy” to cover my back in a combat zone.

$800 million. For a shrimpfest? No surprise after the skating rink. Totally out of touch with the reality of the working people in Canada. Worse than Wynne, as difficult as that is to contemplate.

These folks in the cabinet room must be testing out the weed even before it’s legal. There’s no rational explanation for what is coming out of Ottawa.

Can’t stand Trudeau but I’m not going to bash him for not bending over for Trump. Other G7 leaders are in the exact same spot – the US prez is a lunatic. This is good politics and the whole reason the G7 exists. We can easily move some of that 320b spend to other countries. By your own numbers there is almost zero trade deficit, why should we capitulate publicly to tarrifs?

As if in todays gobal economy we should get bullied by a pinhead like Trump. These trade issues are far bigger than Canada and the US. Trump wants Russia in the G7 and we should practice silent diplomacy? Screw that lets give him the bird, not be trade pansies and see what he’s got. Trudeau is playing a winning hand no matter what the first social media president thinks. Garth, can’t believe you don’t see how big a winner this is for mr dressup. If someone isn’t ready on international trade its Trump.

No such thing as writers block if your second best friend in the world is Jack Daniels. The shit you see when the bottle is empty. Don’t write it. Truth kills people. Healthier to live in the fake world as a obedient teet sucker.

You are an ideologue. Either that, or you can’t afford cheese. Supply management actually works, ensuring secure and ample food is produced by people who have the income to invest in efficient, hygienic, regulated, stable operations that no foreign entity can cut off or impair. You would be handing over control of vital portions of our food supply to US_based multinationals, and shortly thereafter be forced to comply with USDA and FDA regulations. Adios sovereignty, and the family farm. – Garth
————
Wow,
You surprise me, Garth.
So you think that the ALR brought in by Dave Barrett Is a good thing and worth preserving?

“The dairy trade between the two countries is less than $130 million. In the context of $630 billion in trade it is, as I said, tiny. He got you. – Garth”

While ignoring the credible studies that show the supply management / quasi taarifs / command controlled Canadian Dairy products cost each family in this country about $400 each over a year.

In your world “tiny” only fits when it applies to a political narrative?

Is it even tinier if we calculate the total cost to all families combined? Even if we went with a ultra conservative number it sails clear over a Billion in additional costs on the grocery bills to families over a year in this country combined…tiny indeed.

Trump and US trade tariffs have nothing to do with supply management. Complete red herring. You fell for it. – Garth.

I thought that steel and aluminum tariffs have everything to do with supply management, attempt to boost internal US production and become less independent on external, exactly as our dairy tariffs work.

=========================

Trump was persuaded to come to the G7 summit and no matter what kind of politician he is, he placed some trust in the socks boy.

All the socks boy had to do is take the win, I agree.

Instead he screwed big time, instead of expressing gratitude to participants, acknowledge the issues and confirming attitude on working to fix them, he choose to lecture the boss.

Same applies to the Canadian banks and politicians.
Without federal help banks would have been in very big doo doo with their subprime loans in 2009.
They got bailed out by the Fed and Canada and instead of taking the win and profit choose to get some more, then some more, and more incentivised by the politicians.

So here we are with the greatest credit bubble in housing in the history of the world, a ticking time bomb managed by the incompetents, amateur clowns at BoC whose actions and speeches would have been funny if they were not tragic for the economy of this place.

There is no doubt, we will pay dearly for both follies, the drama teacher boy insult of trump and the banking orgy.

This is the price to pay for the bad choices that we were allowed to be made on our behalf by people who are clearly incapable, delegating too much power to incompetents.

Maybe if we start learning to acknowledge failures we will start learning to avoid them and fix things.

Well in this case things went too far, NAFTA is most likely cooked and packing and moving won’t be that bad idea.

The capital is already leaving.

How stupid T2 can be to offend our biggest trading partner in order to get some applause from the Europeans who have temporary feuds with US but no doubt can fix their disagreements rather quickly, while we will be left holding the bag with the likes of butts and T2. Are these people thinking with their butts and feet/socks?

Canadians don’t seem to realize that the U.S.A. hardly needs Canada for anything. Sure, a mutually beneficial relationship has been set up, but for the U.S.A. to say goodbye to Canada would be like flicking off a gnat for them. Canada on the other hand would be squashed like a gnat.

Trudeau carries a lot of arrogance about him. But sometimes in the Canada-U.S.A. relationship, we as Canadians have to just smile and nod and “take one for the team.” This G-7 summit was one of those times. The fact that Trudeau or his handlers were apparently unaware of this makes them incompetent for the positions they hold.

All they needed to do was play nice a bit, show Donald a bit of love, show some minor concession. But no, Justin had to pretend he was the top dog too. That’s Trump’s game and it’s working brilliantly.

And what is so bad about having a one-on-one deal with the U.S.A.? Trudeau’s team could have said Canada is open to that, made Trump’s day, and avoided this fiasco.

The dairy trade between the two countries is less than $130 million. In the context of $630 billion in trade it is, as I said, tiny. He got you. – Garth

The whole picture is much more complicated.

US quotes dairy trade above is that low because Canadian tariffs pretty much prohibit import of US dairy products. It could be 15-20 billions import from US to Canada with no exports at all.

US steel and aluminum tariffs impact over 10 billion of exports.

US is basically saying very fairly to us: you stop import of all my milk, I will stop some steel and aluminum from you (note that we are not the main target for metal tariffs so the socks boy should not be the main complainer here, just let the European guys handle the heat and try no negotiate our own wins here).

We are in the midst of destruction of NAFTA and potential tariffs on the auto industry that will absolutely devastate this place when combined with the credit bubble burst.

We are not in a position to dictate anything.
Be humble, not arrogant.

T2 should look at US claims on us simply putting Canadian stamps on Chinese steel and re exporting to US with no duties. It is a fraud.

Trudeau really needs to think outside the box to counter this.
He should go for an extreme makeover, maybe a Jenneresque “trans”-formation(in keeping with the Trans pipeline theme), and start dressing in drag and doing Ethel Merman impersonations for further meetings. If nothing else, he gets a laugh.

British Prime Minister Theresa May “is fully supportive” of Trudeau and his leadership, a senior UK government source said, while European Council President Donald Tusk tweeted: “There is a special place in heaven for @JustinTrudeau.”

Freeland, asked about support from allies, said: “The position of our European allies, including Japan, is the same as ours. We coordinated very closely with the European Union, with Mexico, on our list of retaliatory measures and actions.

LOL. Soooo steel and aluminum from Canada is a national security threat.

But wiping out a part of Canada’s food production security by opening up the comparatively teeny, tiny (and, yes, inefficient) dairy and poultry poses no security threat to Canada. LOL. Hell, a second term with T2 as PM would be preferable to becoming entirely dependent on the whims of President Trump for my entire food supply – instead of just the massive chunk of it (think fruits and vegetables from the Central Valley of California) they already have.

Canada is 1/10 th of the US population.
Probably 1/17th the “economy” (i.e. printing money)..
I don’t quite get the comotion… Tza Man said what he’ll do if elected… Tza Man does exactly what he said in the campain… why is everybody so vexed ?
Big Dog always rule tza hood. Geostrategy 101.
…for the rest of the world Canada opinion matters zilch so… I don’t quite get the comments.
Canada was in Afganistan because it was told to be there. Canada bombed Libya because it was told to go there… Can anybody see a pattern ?
I don’t get it why everybody seems offended…

The dairy trade between the two countries is less than $130 million. In the context of $630 billion in trade it is, as I said, tiny. He got you. – Garth

Garth, if it’s so small and insignificant why doesn’t Canada give it up to Trump for the sake of the deal? All Canadians would be in favour of giving it up except for about 150 wealthy Dairy farmers in Quebec

Surely people have to understand this was purely Trump theatrics. It was planned from the beggining.

Look at what T2 said how much of it was news? None other than “won’t be pushed around”. That was what set Trump off? Seriously.

Trump is taking a page out of Putin’s book. A country in termoil is much less effective and easy to push around. Make this all T2’s fault (I am not gererally a fan btw) and Trump gains more of an upper hand.

The more drama in the negotiations the better from Trumps side. He’s got the fireworks going and now it’s all T2’s fault.

He is clearly not bright enough to have come up with this (some on his team obviously), but I’m sure he just loved the idea when it was tabled.

The problem is balance of trade is complicated and the average Trump supporter doesn’t get 10% of the way to seeing it in its nuances. Picking on allies is just going to make his base stronger. Until they are all out of work that is.

Going to be an interesting next few years. Sure am glad I don’t have a bunch of personal debt, unlike well, many Canadians.

I remember years ago after some particularly nasty softwood lumber ‘negotiations’ that came out in favour of the US, the bargaining representative for the States went on air and made the rather snide and smug comment ‘The white hats won today’. Fast forward to today. It’s been stomach-turning listening to Kudlow and Navarro reacting to Trudeau’s reasonable stance with histrionics and hyperbole. So much gnashing of teeth on their part and the odious statement about A special place in Hell for any leader that dares push back against Trump and standups for their country was particularly rankling to me. I get that some think that Trudeau’s statement today wasn’t a particularly advantageous move but, that’s debatable and probably a moot point as we enter what seems to be an inevitable trade war with the ‘white hats’.

I myself, was proud of Trudeau for firing a warning shot and you just know he’s damned if he does and damned if he doesn’t. Just happy to see the Trump ball licker, Ford is on board, saying he stands shoulder to shoulder with Trudeau. I say we’d better all get on board and support our current Prime Minister because no matter what your party line is, it’s time to circle the wagons.

Trump didn’t just alienate Trudeau and Canada at the G7; Britain, France, Germany, Japan, and the EU. it’s now G6 against one. In November, it’ll be the G20 against one. Maybe Trump’s putting on a show to look tough for North Korea, but if that’s the case, Tump will have to climb down off his hobby horse on his tarriffs – for Canada, Mexico and the EU – so he’ll end up looking like a failure in front of the rest of the world.

Trump’s a transactional thinker, not strategic: you give something I get something,it’s been a common theme in all his troubles, like Don Junior’s meeting with the Kremlin-connected lawyer – quick to set up a meeting, then getting caught up in a tangled Web, daddy Donald taking it upon himself to dictate a letter explaining it all, only to make matters worse in doing so.

What’s telling in this case is that Trump’s press aides had already communicated that he’d endorsed the G7 statement, then changed his mind. He’s the President, and his staff have to follow his orders, so Trump’s reaction was at best, not expected.

Not a strategist, and not much of a leader, if his own team can’t get their story straight.

And for those lickspittles on this blog who are willing to sell out their country for the chance to bend over and clutch their ankles before their bully-hero. Class act that.

You are talking about Canada becoming a full blown and self sufficient economic entity on its own with only 36 million people. Not going to happen. Remember, most of our population lives within 100 miles of the US border. There is a reason for that. The rest of the country is just trees and oil wells and a few mines.

And build the pipelines? Have you been paying any attention at all? There is a reason almost all Alberta oil goes south right now. BC and Quebec won’t allow a pipeline unless they need the fuel.

What Turdeau needed to do at the G7 was point out that Canada does buy American and then shut up. We weren’t the target before Turdeau opened his big mouth. Trump is after trade imbalances, and we don’t have a huge one if you exclude energy. Trump’s idea is that he needs to solve the trade imbalances, and all Canada really needed to say was “ok”, because it’s already mostly done. Instead Turdeau decided to grandstand.

Garth, I read this and thought : Oh Canada.. sheesh to be clear if this needs an explanation :D Guys.. 45 did potty in the mash potatoes on the weekend. He and his family are in deep legal peril. Deep AF. Is that not obvious to you? Everything we see here is a reflection of what goes on in his head every day when he realizes his name will be mud, his family will be forever shamed, and the choice now seems to be : where to flee to? Russia or Israel? The smart people in the US will get back in the saddle soon.. in the meantime.. please explain to me why you guys hired a 2nd generation wealth destroyer/drug dealer to run your province?

Ya’ll love Drumpf so much go live in America! – can’t understand the whining & abandonment of our own country – oh wait, you don’t like JT, big deal. I don’t like lots of things but I don’t go and blame that on other people. Wanna blame someone? Like #38 ‘Stoner’ said – blame the one tryin ta kick us in the nuts! Stand up for your own country dammit!

As soon as you say Supply Management you have to accept that Labor is a Resource as well. How do you manage the supply of that? Managing immigration is one option. In that light you can become anti-immigration. Even though you did not realize it, then you walked onto that slope. Same for medical doctors as well. If you indicate that FREE TRADE is good, then ALL the G7 leaders should acknowledge that their countries are NOT free traders and including CHINA. CHINA is the one that is practising the art of supply management by flooding the world with excess steel in an effort to destroy other countries capabilities.

You can view the steel industry in the USA as akin to Canada’s dairy. They want to manage the supply of steel that they consume. What’s wrong with that if we want to manage the supply of dairy. The supporters of free trade and supply management want both and are hypocrites. The USA need to maintain a level of domestic production that allows them the capability to defend themselves if need be.

As for Germany, let us not forget that they were one of the conspirators that fueled the debt bubbles that the poorer EU countries now face…..that fueled their export growth engine to their benefit being an export oriented country requiring countries to export to.

I now wonder if the EU is the one that designates where the funds for female equality goes to. Maybe it is to help fund the programs they now need to implement to educate the refugees that they have willingly accepted and are having problems with integrating western culture with those who have recently arrived and view females differently.

Not to worry, Donald’s deal with NK is that they will replace CHINA as the favored trading nation with the USA. China has outgrown that status. NK wants that designation and part of the deal will be that USA corps will be able to invest in NK without partnering with local firms as in China…they learnt their lesson there and NK does not have the capital.

Nearly $30 billion in cryptocurrency wealth was wiped in about seven hours of trading, according to data provider Coinmarketcap.com.

Coinrail hack intensified an already negative mood in cryptocurrency markets. The Wall Street Journal reported Friday that US investigators were demanding several bitcoin exchanges hand over trading data as part of a probe into potential manipulation of futures markets.

….”people are capable of great beauty …clear eyed optimists truth and kindness etc etc Sheryl Sandberg to MIT grads: Facebook ‘didn’t see all the risks’ of its tech

=================

A new data privacy law, known as the General Data Protection Regulation, took effect in the European Union on May 25 and impacts businesses worldwide. The law gives EU consumers more control over how their personal data is collected and used online.

Supply management is a not traffic trade barrier. It is the government deciding winners (farmers with a quota), and losers ( farmers without a quota and consumers). If it is so good, why not apply it to all industries?
Let’s open the borders, if he USA wants to subsidize my milk and cheese, why not? As for supporting farmers? Simply increase HST and give farmers (and every one else) an income guarantee.

There is lots to dislike about T2, but there are those here who criticized him for being too meek around Trump and now disagree that he has criticized him. If you don’t like T2 that’s fine, but you can’t have it both ways. Pick an argument or realize that it doesn’t matter what T2 does you’re automatic reaction is to disagree with it.

T2 will not win against trump so he forget his tough play to the laurenian elites. It wont work. Best he can do is go hat in hand to Trump and cut a direct deal. Cut off those mexican and go bilateral.

The trade deficit trump is talking about is around 20B. Great, then just offer to buy an extra 20B of products from the US. You dont even have to sacrifice the socialist supply management program. I suggest we buy military equipment from and start running a proper defense force. That would make trump happy.

Went up to the cottage this weekend and really did not care about the Whack a Doodle old nut bar Trump or McSocks Trudeau. The last thing I heard was Trumps tirade about Russia not being a part of the G7. WTF?
Does this old cote not know what the Russians did in Crimea in 2014? What is his infatuation with Russia and Putin? What influence do the Russians have on Trump? There is something seriously wrong with his love affair with Russia. I swear to god Trump is going senile or has a severe mental deficiency. I have never seen a more likely candidate for a mental institution than him. Clearly he tries to intimidate everyone with threats. He is a world class bullshitter. Trudeau should go back to drama school as he is way out of his league in negotiation with any foreign leader. He lacks the experience and wisdom to be in charge. Having said that however unfortunately Trudeau is our guy and hopefully his staff are coming up with a contingency plan to start making kissy, kissy with the EU and tell the rest of the world that we are open to free trade. Peter Navarro was correct but it is Trump who have that will have a special place in hell, not Trudeau. Trump has his own issues and the wagons are being pulled in even tighter as Mueller uncovers deeper connections to Russia. Trump is like a rat trapped in in a cage, trapped rats become very unpredictable and dangerous.

FTA was a great idea and should have been left alone. Inviting Mexico into NAFTA was a stupid idea as mfg jobs all went south to cheap wages.

The original FTA should have been expanded to UK, Europe, Aussie, NZ and Japan – all Western countries with roughly comparable living standards. Extending free trade to impoverished countries ultimately impoverishes the countries extending it. JMHO

OK, you knowingly invite a bully to your party. He disagrees with the SJW BS you are touting but signs onto the communique anyways. This is being a polite guest.

In his departing speech he speaks well of you.
YOU GOT YOUR WIN. The leader of the largest economy and most powerful country in the world came to your party when he could have easily dissed you for another appointment.

Then when he leaves you make a fool of him behind his back and threaten him. You should have thanked him for coming and wish him well in his much more important mission.

Really what’s more important right now. Climate change and Female Inequality or North Korea? Don’t think Trump is not worried about his performance?

I was glad to see present and former political leaders from various governments and parties united in support of Canada’s position. These are true Canadians but someone was missing. It was the leader of the Federal NDP Party who but days ago in an interview had no problem if Trump ripped up NAFTA. He supported Trump, and said a bilateral agreement under his leadership would be the way to go if it was fair one. It appears he is not Canadian enough to stand strong with the others.

You are talking about Canada becoming a full blown and self sufficient economic entity on its own with only 36 million people. Not going to happen. Remember, most of our population lives within 100 miles of the US border. There is a reason for that.

———————————–

Well yes. The reason is climate. What reason were you thinking of?

Of the small proportion of Canadians who do not live within close proximity to the border, most of them are contained within one city : Edmonton.

Agreed – tariffs on Canada and EU are going to create leverage with China most importantly. Canada needs to negotiate and appease while taking into account all non-trade related benefits Canada is realizing.

American dairy farmers use synthetic growth hormone in order to increase milk production. That hormone is illegal in Canada, so maybe the 270% tariff on dairy is the method used to ensure Canadians don’t drink that crap.
Trump is treating us like we are some hostile foreign nation not their best trade partner….
Yup I miss Reagan.

The dairy thing is laughable. Not on supply management but the fact that Canada took a stand against Monsanto and Bovine Growth Hormone which is in American milk. The man who took a stand and would not be bullied worked at Health Canada. Dr. Shiv Chopra. BGH was banned pretty much everywhere except America. Sadly he even predicted the problems with feeding cattle in general and well we got good old Mad Cow Disease. But alas we are Canadian and we are stupid

Oh and as far as subsidies……the American farmer is the most subsidized possibly in the western world. Why do you think ethanol is added to gasoline. to burn cleaner? Bullshit. Grow to much corn. Didn’t bother the Yanks when NAFTA killed the Mexican farmer by dumping cheap corn on them.

This “support Trudeau in his time of need” con is nonsense. This is the time to get the liberals and feed them to the roaches. Why would anyone drape Junior in the Canadian flag….the same flag he spat on and dismissed. We can impeach him and gain our strength back with a real leader. The entire fiasco is of Trudeau’s doing. There’s no Canada with a Trudeau on our soil.

I had a very nice trip to Port Stanley on Saturday, really enjoyed it. Very nice area. The local economy depends a lot on commercial fishing. Had a very nice fresh perch lunch at the Kettle Inn, highly recommend it.

Anyway, I happened to walk by a real estate office and was looking at some of the listings in the window. Average looking houses going for ~600k. One listing had the 600k scratched out in pen and said 500k! So maybe it’s not just the GTA that is seeing declines. I was kind of curious what was going on in rural Ontario with real estate.

If the G7 taught us anything, it’s that T2 and Trump are at the same point on the IQ scale. Actually, Trump’s ahead a point or two.

We know that Trump has 1000X the money and influence, as Trudeau – but Trump’s got a pair too. The dingbat we ended up with thinks male and female are the same, and would rather apologize to you and give you 10 million. A gelatinous spine’d ***** with a starry eyed la-la land vision of justice and equality. The real world is just too harsh for T2 to live in.

Trump just ragdolls Trudeau. T2 will probably pull a Wynne next year and concede defeat before the votes are even cast. I hope the typical American does not begin to think Canadians resemble T2 in any way shape or form.

Trudeau will go down as one of the most braindead idiots to have ever led any country, anywhere, since the beginning of time. The current Liberal Caucus has been a joke since day one: crying to get a trade deal, Climate change is sexist, one dumbass comment and action after another.

You might say “well why should they cover the PM’s glue-on eyebrows?”. My answer is that if Harper had given a press conference with ridiculous glue-on eyebrows (I’m actually barely containing my laughter in typing this), the Canadian media would have every cackling “style reporter” commenting on this and offering him sarcastic advice on how this faux-pas could have been prevented.

The President was in a hurry, and rushed to Singapore for the KIM summit. He said it was a one shot deal and won’t take long. Well he left Singapore early with zero, and his handlers spun the story that there will be several meetings into the future.

my wife heard T2 speak once at a teacher conference when he was still a part time drama teacher. She pretty much indicated an ashtray on a motorbike was more useful than this guy as a speaker for any group.

Jeff on 06.11.18 at 11:04 am
the summit may have cost $800 million Garth, cheaper than the Harper fiasco when he spent a billion on security and locked up innocent Canadians (not protestors), remember 2010?

I criticized that, too. – Garth

_____

What I remember most is the POS cop telling people “This is not Canada today”.

Oh really……..and the Govt/Police/Slave Masters wonder why the plebs are so pissed off these days……

You are talking about Canada becoming a full blown and self sufficient economic entity on its own with only 36 million people. Not going to happen. Remember, most of our population lives within 100 miles of the US border. There is a reason for that.

———————————–

Well yes. The reason is climate.

_______________________________________

It ain’t Climate, it’s jobs.

Otherwise BC would be packed to the brim, but they got like 1/3 the population of Freezing cold Ontario.

#255 Was my prediction as no way can a deal be made under Trump’s terms. The eyebrow controversary must be understood because the PM is a feminist. He needs to dress up to look his finest, and probably has his nails done too; the makeup comes later for the final touch.

so if canada is a location in hell then are non doms purgatory havens neither here nor there

“There are still large incentives and big possibilities for firms to shift profits to low-tax places,” Berkeley economist Gabriel Zucman told The Wall Street Journal.
The research found that sheltering profits isn’t an inevitable consequence of the global economy, but a lack of enforced policies to collect taxes on corporate profits.

…”American companies are among the most aggressive in keeping billions of dollars in profits sheltered where it can’t be taxed by the U.S., and the so-called profit-shifting is the highest for U.S.-based multinationals, according to the study by economists at the University of Copenhagen and the University of California in Berkeley.

In 2015, the study said, a total of more than $600 billion in profits were shifted to tax havens.

The companies aren’t moving operations from the U.S. to low-tax countries. They’re using accounting maneuvers to “artificially” shift profits to tax havens. In 2016, Google’s Alphabet made $19.2 billion in revenue in Bermuda, where it “barely employs any worker nor owns any tangible assets, and where the corporate tax rate is zero percent,” the study noted.

You don’t have to accept their argument but at least now you know what it is. Also, last year when the Wisconsin dairy issue came up RE: Canada, I heard one Wisconsin small family dairy farmer say that “what we need is supply management like Canada.”

Also, look up BST – Bovine somatotropin – flooding the CDN market with BST-produced milk U.S. milk could cause a consumer backlash, if it became an issue.

The option section wrote an excellent narrative on why not to visit the USA. Travel north, east, or west but not south, and enjoy vacations in Canada this summer. Let then suffer the tourist dollars disappearing, and the vote section was high to do so. Trump was also given a new name – The Wild Man aka The Beast.

It is high season for financial markets wonks over-thinking the World Cup, and Goldman Sachs does not disappoint. In new analysis running to some 45 pages (including an interview with Carlo Ancelotti), the bank points out that countries that stick to their inflation targets tend to also be pretty good at penalty kicks.

the butterfly effect /chaos theory?
In its recent Global Financial Stability Report, entitled A Bumpy Road Ahead, the IMF took this principle and applied it to global housing markets.

“Since the financial crash, global housing markets have become more synchronised: prices and the way they move have become more and more correlated, particularly in major gateway cities. A combination of low interest rate policies around the world, improved economic growth and the increasing importance of global capital has caused this alignment. These conditions are even more true in the commercial real estate world, where there are fewer properties and global capital plays an even greater role.

The problem with this situation, according to the IMF, is that it makes downturns harder to contain — if one market experiences a sharp correction, other correlated markets are likely to experience the same fate, even if local market conditions are different. With housing playing such an important role in modern economies, that greatly increases the level of risk in global financial markets. ”

I can’t stand anything Trudeau whether it be a Pierre or a Justin. but really WTF did he say that would have a clown like Navaro say a special place in hell. Face it Kudlow is a coke head anyhow so who cares what he says. We are all screwed. Putin looks like a genius

The global financial stability assessment contained in the latest Global Financial Stability Report (GFSR) is based on the new “Growth-at-Risk” approach that links financial conditions to the distribution of future economic growth. Given current financial conditions, risks to financial stability and growth are high over the medium-term. This reflects the fact that recent years of low interest rates—needed to support economic growth—have provided an environment in which vulnerabilities have been building. These vulnerabilities could exacerbate the next economic downturn and could also make the road ahead bumpy.

How could today’s financial vulnerabilities make the road bumpy? Larger imbalances mean that any shock to the economic or financial system would trigger a more painful adjustment. For example, a faster-than-anticipated increase in US inflation could cause the Federal Reserve and other central banks to withdraw monetary accommodation more quickly than is currently expected, and that could shake financial markets. Another risk is a wider escalation of protectionist measures, which would take a toll on financial markets as well as growth. In either case, a sudden decline in asset prices could expose vulnerabilities in the financial system.

The report identifies three areas of vulnerability: weakening credit quality; external debt-related vulnerabilities in emerging markets and low-income countries; and dollar liquidity mismatches among banks outside the United States. Let’s consider each in turn.

#276 Toronto Star on 06.11.18 at 4:33 pm
“The option section wrote an excellent narrative on why not to visit the USA. Travel north, east, or west but not south, and enjoy vacations in Canada this summer. Let then suffer the tourist dollars disappearing, and the vote section was high to do so. Trump was also given a new name – The Wild Man aka The Beast.”

The following is an excerpt from an article by Reuters on the ‘Trump slump’: “The United States is missing out on a global boom for tourism, hurt by a so-called Trump slump and currency exchange rates, travel industry experts said at a gathering in Berlin this week.

“While U.S. President Donald Trump maintains that the travel ban blocking visitors from nations including Iran, Libya and Syria is needed to protect the United States from Islamic militants, the bans have raised concerns over America’s image as a welcoming country, with data showing a decline in tourist numbers last year.

“International arrivals to the United States were down 4 percent in the first three quarters of 2017, Trump’s first year in office, according to the most recent data available from the United States.

“By comparison, international tourism arrivals worldwide in 2017 were up 7 percent, representing the strongest result in seven years, figures from the United Nations World Tourism Organization (UNWTO) show….

“German market researcher Gfk says that bookings from Germany to the United States are down 20 percent for the 2018 summer season, though it said this could be down to factors such as last year’s hurricane season and foreign exchange rates as well as the Trump effect….”

I am in total disbelief that my fellow Canadians are backing Donald Trump. He is a liar and a narcissist, he planned all along to separate himself from the G7. He will go forward to dismantle the trade agreements World wide. His actions will cause Canada many job losses and disruption, most likely our Auto and Steel Industry will be gutted. His planned actions will cause us great financial hardships. He exaggerated Trudeau’s statements in order to justify his actions. It’s his typical bully and grand standing behaviour in which he Tweets untruthful comments feeding his fan base. Now off to Korea to smile and shake hands with a Dictator mad man that has threatened repeatedly to nuke his enemies. His followers have turned off their logic and reason side of their brains, this is madness. The only way I can describe the Group behaviour it is as though they are routing for a Sports team, except this is for Real and our Global Economy is on the line. You Fools actually are cheering for our Economic decline as well as believing that Trump has diplomatic skills which have won over an Evil Dictator with his magical handshake….can’t even believe this Shit Show. Dennis Rodman and Kim Kardashian???? What’s next?

Ok Garth I’ll bite.. what would have a conservative prime minister done differently in this situation? Methinks you are just trying to twist this into a negative for Trudeau because you dont like his socks

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The views expressed are those of the author, Garth Turner, a Raymond James Financial Advisor, and not necessarily those of Raymond James Ltd. It is provided as a general source of information only and should not be considered to be personal investment advice or a solicitation to buy or sell securities. Investors considering any investment should consult with their Investment Advisor to ensure that it is suitable for the investor's circumstances and risk tolerance before making any investment decision. The information contained in this blog was obtained from sources believed to be reliable, however, we cannot represent that it is accurate or complete. Raymond James Ltd. is a member of the Canadian Investor Protection Fund.